Cheap Apartments for Rent in Monroe, LA from $472 (82 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monroe.

property at 809 S 16th St
$575

Total Monthly Price

Base Rent$575
Total Monthly Price$575
2 Bedroom, 1 Bath Home for Rent
Available Aug 14, 2926
Cost Per Sq.Ft.

809 S 16th St

MonroeLA71202
property at 1006 Killoden Dr
$750

Total Monthly Price

Base Rent$750
Total Monthly Price$750
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Affordability

1006 Killoden Dr

MonroeLA71203

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Shadow Hawk
$950 - $1,200

Total Monthly Price

Base Rent$950 - $1,200
Total Monthly Price$950 - $1,200
1 to 3 Bedroom Apartments Available Now

Shadow Hawk

3000 Evangeline StMonroe, LA 71201
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1000 Cole Ave
$950 - $1,400
2 To 4 Bedroom Rentals
Available Now
Affordability

1000 Cole Ave

MonroeLA71203

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Sycamore Point
1 to 4 Bedroom Apartments

Sycamore Point

1837 Juliana WayMonroe, LA 71202

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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Lakeway Apartments
2 to 3 Bedroom Apartments

Lakeway Apartments

3375 LA 594Monroe, LA 71203
  • Utilities Included
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Magnolia Terrace
2 to 3 Bedroom Apartments

Magnolia Terrace

900 Riverside DrMonroe, LA 71201
  • Utilities Included
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Southern Pines
3 to 4 Bedroom Apartments

Southern Pines

101 Preston LoopMonroe, LA 71202

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Monroe, LA Local Guide

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Local Guide Expert

Cheapest Available Monroe Apartments for Rent

 

The cheapest available apartment rental in Monroe, LA is a 2 Beds unit found at Cottonland Village Apartments priced from $472. Country Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottonland Village Apartments2 Bedroom2BR,1BA$472
Country Club ApartmentsOne Bedroom1BR,1BA$575
Park Place Apartments1 Bedroom1BR,1BA$650
Mary Lea ApartmentsOne-Bedroom1BR,1BA$675
Creel PropertiesJENNIFER LANE1BR,1BA$750
Contempo Apartments2 Bedroom Townhome (w/o W/D)2BR,1BA$850
Westchester Square2 Bed 1 Bath2BR,1BA$850
EP on Curve1 Bedroom (Loft)1BR,1BA$950
Shadow Hawk2 Bed - 2 Bath2BR,2BA$950
Westbrook Villa2BR/1BA2BR,1BA$980

Best Value Apartments for Rent in Monroe, LA

As of September 06, 2026 the best value apartment in the Monroe area is the $0.55 price per square foot 3 Bedroom Model at Cottonland Village Apartments in the starting from $650. The second greatest value Monroe apartment is the 2 Bedroom Townhome (w/ W/D) Model at Contempo Apartments starting at $875 with a $0.78 price per square foot . Here is today’s list of the best values for Monroe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cottonland Village Apartments3 Bedroom3BR,1BA$0.55
Contempo Apartments2 Bedroom Townhome (w/ W/D)2BR,1BA$0.78
Sage Landing ApartmentsSage landing2BR,2BA$1.11
Westbrook Villa2BR/1BA2BR,1BA$1.17
Westchester Square2 Bed 1 Bath2BR,1BA$1.01
Shadow Hawk2 Bed - 2 Bath2BR,2BA$1.20
Mary Lea ApartmentsOne-Bedroom1BR,1BA$0.87
Creel PropertiesJENNIFER LANE1BR,1BA$1.00
EP on Curve1 Bedroom (Loft)1BR,1.5BA$1.32
Country Club ApartmentsOne Bedroom1BR,1BA$1.01

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Monroe Overview

Monroe is the eighth largest city in Louisiana. It is an educational, economic and medical hub for Louisiana. The people of Monroe make the city exciting and a beautiful place to live and the options for apartments in Monroe make finding the perfect place to live easy. The city boasts of many unique shops, community centers, neighborhood parks and local restaurants. You get to enjoy great food, a wide variety of entertainment, and most of all the interaction with welcoming people.

Why live in Monroe, LA?

There is a lot of good about the city and living in Monroe apartments. If you are looking for a place where community matters, Monroe is the right city for you. On top of the good transportation, peaceful neighborhoods, beautiful parks and more, there is a robust farmer’s market where you can get fresh food. There are great schools both private and public in the area. The people are however the best part of Monroe, they are warm, caring and friendly.

Best Local Schools in
Monroe, LA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monroe, LA Rentals by Map

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See the most popular apartments and homes in Monroe, LA

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Frequently Asked Questions about Cheap Monroe Apartments

How much is rent for a Cheap One Bedroom Monroe Apartment?

The lowest price for a Cheap One Bedroom Monroe Apartment is $575 at Country Club Apartments.

What is the lowest price for a Cheap Two Bedroom Monroe Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monroe is starting from $472 at Cottonland Village Apartments.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Cottonland Village Apartments and starts from $650.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.